J.K.CEMENT LTD. - Outcome of Board Meeting (AGM on August 01, 2015)

JK Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 23, 2015, inter alia, has decided to raise long term funds by way of issue of Securities and/or Non Convertible Debentures with warrants on Preferential Allotment basis, Qualified Institutional Placement (QIP) basis or such other form as may be permissible under law for an amount upto Rs. 300 Crores with a green shoe option subject to shareholders approval sought in the ensuing Twenty First Annual General Meeting of the Company convened on August 01, 2015.